Bertha Bartlett Public Library Foundation

Analysis

Bertha Bartlett Public Library Foundation is a registered charity in United States, based in Story City, IA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bertha Bartlett Public Library Foundation reported income of $308k and spending of $5,366, leaving 98% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.7m to $308k (-82%), an average of -57% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 0.6% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bertha Bartlett Public Library Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include Lily Foundation of America ($308k), Jacob and Clara Faber Community Enrichment and Education Founndati ($308k) and Youth Farm Project Inc ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.